Companies

Swiggy's food delivery business turns profitable; CEO shares excitement on historic feat

Swiggy's food delivery biz turns profitable; CEO shares excitement on historic feat

Swiggy CEO Sriharsha Majety on Thursday said that their food delivery business has turned profitable (as of March 2023), after factoring in all corporate costs, excluding employee stock option costs.

May 18, 2023

LinkedIn lays off 716 employees; shuts China app [details]

Microsoft-owned LinkedIn has laid off 716 employees, as the company makes changes to its Global Business Organisation (GBO), along with shutting down its InCareer app in China.

May 9, 2023

No FEMA violations found so far after ED searches at BYJU'S [details]

The initial investigation after the recent searches at BYJU'S have so far found no Foreign Exchange Management Act (FEMA) violations by the edtech firm, according to sources.

May 7, 2023

Accenture rejigs top India leadership; Chairperson Rekha Menon to retire [details]

Ajay Vij has been appointed to the newly-created role of Country Managing Director, and Sandeep Dutta takes over as the lead for its India Market Unit, the company said in a statement.

May 5, 2023

After trip in Rolls Royce, UAE-based Indian business couple awards International trip to workers

Haseena Nishad, managing director of the company had received Sharjah Government's honor in recognition of her outstanding labor welfare work

May 4, 2023

Who is Ajay Banga; Indian-origin former Mastercard CEO becomes 14th President of World Bank

Ajay Banga, an Indian-origin American, was on Wednesday selected as the President of the World Bank by its executive directors for a five-year term starting June 2.

May 3, 2023

Flipkart expands footprint in Telangana with new fulfillment centre; bolsters supply chain infra [details]

India's leading e-commerce player Flipkart has expanded its footprint in Telangana and strengthened its supply chain infrastructure with the launch of a new fulfillment center in Sangareddy.

May 2, 2023

Air India-Vistara merger: Tatas, Singapore Airlines seek CCI's approval [details]

Tata Group and Singapore Airlines have assured in their application to the Competition Commission of India (CCI) that there will be no change in the competitive landscape.

Apr 19, 2023

A veteran-turned-entrepreneur, this Flipkart seller proves age is no barrier to success

Battlefield to business; Flipkart helps veteran succeed as entrepreneur - an inspiring tale [read now]

Ikramullah Khan, a veteran of the Indian Air Force, saw retirement as the ideal time to realise his dream of starting a business. Here's how he overcame his obstacles and realised his entrepreneurial goals by becoming a Flipkart seller.

Mar 25, 2023

Accenture slashes 19K jobs; tech mayhem deepens amid global economic crisis [details]

Global IT services firm Accenture, which has a large presence in India, on Thursday announced to lay off nearly 19,000 employees amid the challenging global macro-economic conditions and slow revenue growth

Mar 23, 2023

TCS CEO Rajesh Gopinathan resigns to pursue other interests

TCS CEO Rajesh Gopinathan resigns; K. Krithivasan is CEO Designate [details]

Rajesh Gopinathan, Chief Executive Officer and Managing Director of Tata Consultancy Services (TCS) has tendered his resignation, which will be effective from September 15, 2023.

Mar 16, 2023

Confused with US's SV Bank crisis, besieged SVC Bank threatens legal action

SVB collapse explained: What happens to your deposits in worst-case scenario [details]

Silicon Valley Bank crisis has snowballed into a major concern for investors, startups and VCs. Here's an explainer of the whole issue, what led to the SVB collapse and what comes next.

Mar 12, 2023

Confused with US's SV Bank crisis, besieged SVC Bank threatens legal action [details]

Hours after the crisis affecting the Silicon Valley Bank (SVB), the US, hit the headlines, panic gripped customers of a 116-year-old Mumbai-based entity, the SVC Bank.

Mar 12, 2023

SVB collapse: Minister Chandrasekhar to meet Indian startups to see how govt can help them

The bank's collapse is going to impact several startups in India which have exposure to its investments and have parked their funds in the bank.

Mar 12, 2023

Charting the rise and fall of Adani group shares before and after Hindenburg Report: No sign of relief or debt refinance yet

Five weeks after the scathing Hindenburg Report came out, almost all of the Adani Group's listed companies are plunging. Here is our take on the stock's up and down volatility before and after the Hindenburg Report

Feb 28, 2023

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Companies

Swiggy's food delivery biz turns profitable; CEO shares excitement on historic feat

LinkedIn lays off 716 employees; shuts China app [details]

No FEMA violations found so far after ED searches at BYJU'S [details]

Accenture rejigs top India leadership; Chairperson Rekha Menon to retire [details]

After trip in Rolls Royce, UAE-based Indian business couple awards International trip to workers

Who is Ajay Banga; Indian-origin former Mastercard CEO becomes 14th President of World Bank

Flipkart expands footprint in Telangana with new fulfillment centre; bolsters supply chain infra [details]

Air India-Vistara merger: Tatas, Singapore Airlines seek CCI's approval [details]

Battlefield to business; Flipkart helps veteran succeed as entrepreneur - an inspiring tale [read now]

Accenture slashes 19K jobs; tech mayhem deepens amid global economic crisis [details]

TCS CEO Rajesh Gopinathan resigns; K. Krithivasan is CEO Designate [details]

SVB collapse explained: What happens to your deposits in worst-case scenario [details]

Confused with US's SV Bank crisis, besieged SVC Bank threatens legal action [details]

SVB collapse: Minister Chandrasekhar to meet Indian startups to see how govt can help them

Charting the rise and fall of Adani group shares before and after Hindenburg Report: No sign of relief or debt refinance yet

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]